There are lots of dead projects and many will still join them. I have so many of them in one of my wallets. I used to be a fans to airdrop, just few numbers of them tend to succeed, which i can count. I could remember the likes of twist and enu which are very much still alive, but most other just come in a flash and fade away. Some of them now have near to no value (zero). Well, it's good we stilll have some good projects in the space.
I have a lot of useless coins due to airdrop. It's been one year in my wallet and it doesn't show any sign of improvement. They still don't have value. I also have invested in an ICO project last year. And until now, it's price didn't increase. It doesn't show any improvement too. And it's so depressing. Anyway, I could really say that there are just project that is good at first, but will just fade away in the long run.